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Boulders Area Subdivisions Summary of Home Sales By Type

Updated Fri Jul 30, 2010 11:12 AM.

Smaller Boulder Character Area subdivisions inclue Boldero, Boulder Ridge, Cortona, Desert Springs, Encanto Norte, Hawknest Trail, Ironwood Retreat, Joy Ranch, Las Piedras (Lone Mountain), Las Piedras (Summit), Pallacio, Sand Flower, Scottsdale Highlands, Sierra Boulders, Solstice At Sevano, Sunflower Estates, Tecolote, Trovia, Verdante at Westland Estates, Vista Viento, Vistas At Desert Shadows, and Westland Estates.

Summary of Boulders Area Subdivisions Home Sales By Type

  
Type of Sale Sales in past
6 months		 Avg Days
on market		 Avg Square
Footage		 Avg
Sale Price		 Avg % of
Asking Price
Resale
15
226
3,814
660,400
93.9%
Short Sale
4
246
5,471
500,000
92.0%
Lender Owned
5
59
3,960
525,480
98.4%

Here is a list of definitions often used to describe Type of Real Estate Sales.

Definitions
North Scottsdale Resale Resale This is the traditional method, with no third party involvement. The owner sells the property and pays off any debts secured by the property. Relocation, estate sale, and auctions, which made up a small percentage, are also included in this category.
North Scottsdale Short Sale Short Sale The "short" in short sale actually refers to the fact that the payoff amount agreed to in the transaction is "shorter" than the mortgage balance on the property. Simply put, there is more owed on the home than it will sell for.
North Scottsdale Lender Owned Home Lender Owned Lender owned is just what it sounds like. Also called " REO" , which means real estate owned, or bank owned.
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